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Fifth Avenue, Newcastle under Lyme Land for sale
Fifth Avenue, Newcastle under Lyme
£35,000
Fifth Avenue, Newcastle under Lyme
£35,000
Our Summary
- Cleared brownfield site of former 25 lock up garages and mechanics workshopPotential for 3 Bungalows / Houses or 6 ApartmentsFor Sale By Auction at the Double Tree By Hilton Hotel, Festival Park, Stoke on Trent, ST1 5BQContact the Auction Team to Register:[use Contact Agent Button] or [use Contact Agent Button]
- Cleared brownfield land previously comprising 25 domestic garages with potential for residential development subject to obtaining the appropriate planning consents
- BJB Auction
- Potential for 3 Bungalows / Houses or 6 Apartments
Description
This is a cleared brownfield site in Kidsgrove, Staffordshire, previously used as 25 domestic garages and a mechanics workshop. The site has potential for residential development, with a planning report commissioned by the client outlining three alternative schemes: six one-bedroom apartments, three one-bedroom bungalows, or a three-bedroom house and two one-bedroom bungalows. The site is located near local amenities, shops, and schools, with good transport links to nearby cities. The indicative schemes have estimated gross development values and rental values, with the potential for a total GDV of £450,000 to £520,000 and estimated rental income of £28,800 to £36,000 per annum.